Managing Your Personal Finances
3.2 (72 ratings)
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Managing Your Personal Finances

This is a short course on how to better manage your money. It is based on the free PDF E-Book from MoneySENSE Singapore.
3.2 (72 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
6,367 students enrolled
Last updated 5/2014
English
Price: Free
Includes:
  • 41 mins on-demand video
  • 2 Articles
  • 1 Supplemental Resource
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
to learn more about saving and budgeting
to learn more about managing debt
to learn more about insurance planning
to learn more about investing wisely
to learn more about retirement planning
View Curriculum
Requirements
  • Nil
Description

Learn about Basic Money Management through an interactive presentation of a free PDF E-Book available from the MoneySENSE website (http://www.moneysense.gov.sg) entitled My Money Book.

You will find tips that people from all walks of life have found handy. These tips can help you meet your needs today and also plan ahead for the future. Examples:

Tip: Live within your means, and do not take on too much debt. Always Make sure you can service your debt even if interest rates rise or your income falls. (Lee Hsien Loong, Prime Minister of Singapore)

Tip: Invest simply. If you don't understand an investment, don't put money into it. And remember especially that promises of high investment returns mean a high risk of losing your money. Keep it simple and hold your investments for the long term. (Tharman Shanmugaratnam, Deputy Prime Minister of Singapore)

Who is the target audience?
  • Working Adults
  • Students
  • Those Approaching Retirement
  • Housewives
  • General Audience
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Curriculum For This Course
Expand All 10 Lectures Collapse All 10 Lectures 01:01:24
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Introduction
3 Lectures 01:37

This lecture introduces this e-learning module on Basic Money Management.

Introduction
00:56

My Money Book has money management tips that people from all walks of life have found handy. Read the book to discover how these simple yet useful tips can help you manage your money in better ways.

This PDF book can also be downloaded from http://www.moneysense.gov.sg

My Money Book
19 pages

This lecture provides the contents of this e-learning module. Namely:

  • Smart Saving and Budgeting
  • Managing Your Debt Wisely
  • Being Prepared for Life's "What If's"
  • Investing Wisely
  • Planning For Your Golden Years
Contents
00:41
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Basic Money Management
5 Lectures 39:20

Smart saving and budgeting involves the following:

  • Having financial goals.
  • Knowing how inflation can affect your savings and spending.
  • Knowing how to set aside money in suitable ways that allow your savings to grow faster than the rate of inflation.
  • Starting to save early.

For more information, join the following modules:

https://www.udemy.com/making-sense-of-your-money/#/

https://www.udemy.com/assessing-your-financial-fitness/#/

https://www.udemy.com/implementing-your-financial-plan/#/

https://www.udemy.com/understanding-the-costs-of-buying-a-home/#/

https://www.udemy.com/budgeting-for-a-home-within-your-means/#/

Smart Saving & Budgeting
08:00

Managing your debt wisely involves:

  • knowing when to borrow in the first place.
  • avoid unnecessary debt.
  • understanding how interest rates affect debt.

For more information, join the following modules:

https://www.udemy.com/understanding-loans/#/

https://www.udemy.com/managing-debt/#/

Managing Your Debt Wisely
07:08

Being prepared for unfortunate events involve:

  • having emergency savings.
  • having adequate Life Insurance
  • having adequate Health Insurance

For more information, join the following modules:

https://www.udemy.com/basics-of-life-insurance/#/

https://www.udemy.com/basics-of-health-insurance/#/

Being Prepared For Life's "What If's"
11:26

Investing wisely involves the following:

  • having investment goals.
  • knowing your tolerance for risk.
  • diversifying your portfolio.
  • monitoring and reviewing your investments.

For more information, join the following modules:

https://www.udemy.com/basic-investing-concepts/#/

https://www.udemy.com/selecting-suitable-financial-products/#/

Investing Wisely
08:08

Planning For Your Golden Years
04:38
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Conclusion
2 Lectures 00:56

In this lecture, we summarise and conclusion this e-learning module on Basic Money Management.

Conclusion
00:25

This lecture contains links to additional resources where you can learn more about money matters pertaining specially to Singaporeans.

Additional Resources
00:31
About the Instructor
Institute for Financial Literacy
3.9 Average rating
1,144 Reviews
43,857 Students
24 Courses
Unbiased Financial Education Courses

The MoneySENSE-Singapore Polytechnic Institute for Financial Literacy is a collaboration between MoneySENSE, the national financial education programme in Singapore and Singapore Polytechnic.

MoneySENSE is spearheaded by the public-sector Financial Education Steering Committee which comprises representatives from the Ministry of Health, Ministry of Social and Family Development, Ministry of Education, Ministry of Manpower, Central Provident Fund Board, Monetary Authority of Singapore, National Library Board and People’s Association.

Our financial education courses cover basic money management, financial planning and investment know-how.